The Cotton Deals

[JMadonna]

(01-11-2014 12:16 AM)Eva Elisabeth Wrote:  What exactly happened to the cotton producers and trade in the southern states and to the European cotton market after the war? Since Britain and France increasingly had turned to imports from India, Egypt, and Asia Minor (Turkey today) during the war?

Southern cotton was still in demand but it would never achieve the high prices it did before the war since it now had competition. The absence of slave labor also lowered it's profit margin. All & all it did well until the boll weevil made it's appearance.